Lucie, the marketing head for Shiba Inu, addressed the SHIB army on Twitter and X, revealing a method for them to obtain SHIB or LEASH tokens.
Lucie claims that over ninety million Shiba Inu will be paid out in the next months, along with a few LEASH.
Millions of SHIB to be paid out to community
The ShibaPunkz dapp for staking has been updated, per Lucie’s tweet. Consequently, throughout the next four months, stakers will get an astounding 85,000,000 SHIB coins in addition to 2 LEASH.
https://x.com/LucieSHIB/status/1743320065921950001?s=20
Staking Shiba Inu-themed NFTs from the ShibaPunkz NFT collection, which was introduced on the Shibarium blockchain, is possible through the dapp ShibaPunkz.art. Stakers on this platform can earn SPUNK tokens as prizes. SPUNK is the official token of the dapp. However, users will now also be able to obtain the Shibarium rewards tokens SHIB and LEASH, according to Lucie.
Within the cryptocurrency space, staking—allowing one’s coin to remain locked for a certain amount of time in exchange for rewards—is a well-liked method of generating passive income.
SHIB burn rate plunges after “victorious” Friday
According to Shibburn Tracker, efforts to reduce the amount of SHIB in circulation are currently not progressing as planned. Just 2,465,619 SHIB meme coins have been successfully disposed of by the Shiba Inu community in the past 24 hours, resulting in a 52.62% decrease in the total burn rate.
The largest burn transaction, out of the five, moved 1,571,812 SHIB to a blockchain address that will never expire. Less than one SHIB token was present in the smallest transfer. The burn rate increased by 2,274% on Friday.
SHIB price adds back zero it burned lately
SHIB, the second-biggest meme-based cryptocurrency, has lost more than 11% of its market value since Wednesday. Its 14% decline on Wednesday was ascribed to the downturn in Bitcoin that followed the publication of an article by Matrixport outlining the reasons the SEC is probably going to reject each of the several Bitcoin spot ETF applications that it has been reviewing.
SHIB made an attempt to post a gain, rising by 10% on Friday; however, a 6% decline that followed sent the price back to the Wednesday low.
